Tues­day Women’s fi­nan­cial power in­creas­ing: Re­port

China Daily (USA) - - NEWS CAPSULE -

Chi­nese women’s fi­nan­cial power is grow­ing with nearly 60 per­cent con­trol­ling and man­ag­ing the fam­ily fi­nances, a re­port said.

The 2016 Women Fi­nan­cial Man­age­ment Re­port ex­am­in­ing women’s con­sump­tion, as­set size and fi­nanc­ing pref­er­ences is based on 10,000 valid ques­tion­naires.

The re­port gives a por­trait of a typ­i­cal woman in charge of her fi­nances: 25-35 years old, fi­nan­cially independent, liv­ing in first-tier cities or coastal cities in south­east China.

The re­port shows that the more women earn, the larger a say she has in the fam­ily’s fi­nan­cial man­age­ment.

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